Daily Archives: June 28, 2012

Trading signals for Thursday 28-06-2012

Forex, Commodities and Index signals for Thursday 28-06-2012 11:00 GMT Continue reading

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Silver: White metal trading between its MA’s

Silver prices declined 0.45% to USD 26.92 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 27.02, 0.37% higher from yesterday’s close. Silver is expected to find support at 26.69, and … Continue reading

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USD/CAD: Canadian Dollar trading higher this morning

For the 24 hours to 23:00 GMT, USD rose 0.05% against the CAD to close at 1.0248. In Canada, Teranet/National Bank house price index rose 1.1% (MoM) in May, from a 0.8% increase in April. In the Asian session, at … Continue reading

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Crude Oil: Positive US economic data pushed oil prices higher; trading lower in the Asian session

Oil prices advanced 1.16% against the USD for the 24 hour period ending 23:00GMT, closing at 80.47, amid favorable macroeconomic data from the US and following fall in the US crude oil inventories. The Energy Information Administration (EIA) reported that … Continue reading

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Gold: Yellow metal holds on to yesterday’s gains

Gold prices traded higher by 0.18% against the USD in the 24 hour period ending 23:00GMT, at 1574.55 per ounce. In the Asian session, at GMT0300, Gold is trading at 1575.68, 0.07% higher from yesterday’s close. Gold is expected to … Continue reading

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AUD/USD: Aussie continues its rally in the Asian session

For the 24 hours to 23:00 GMT, AUD strengthened 0.29% against the USD to close at 1.0086. LME Copper prices rose 0.1% or $7.0/MT to $7353.5/ MT. Aluminium prices traded flat to $1810.3/ MT. In the Asian session, at GMT0300, … Continue reading

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USD/CHF: Greenback rose on positive US macro data, trading lower this morning

For the 24 hours to 23:00 GMT, USD rose 0.15% against the CHF and closed at 0.9629. In the US, durable goods orders rose more-than-expected by 1.1% in May, compared to the market expectation of a 0.5% rise. Additionally, pending … Continue reading

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USD/JPY: Yen trading higher this morning; a series of Japan economic data awaited today

For the 24 hours to 23:00 GMT, USD strengthened 0.26% against the JPY and closed at 79.71. In the Asian session, at GMT0300, the pair is trading at 79.41, with the USD trading 0.38% lower from yesterday’s close. The Yen … Continue reading

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GBP/USD: Pound fell as mortgage approvals reach one-year low; trading higher this morning

For the 24 hours to 23:00 GMT, GBP fell 0.40% against the USD and closed at 1.5571, after mortgage approvals in the UK dropped to their lowest level in more than a year, raising the speculation that the central bank … Continue reading

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EUR/USD: Euro cementing gains this morning ahead of key EU summit

For the 24 hours to 23:00 GMT, EUR declined 0.14% against the USD and closed at 1.2474, as hopes that European leaders would make progress on dealing with the debt crisis in the Euro area faded, after German Chancellor, Angela … Continue reading

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